A very good question and certainly not an easy one to answer. The collapse of a network can and often does have catastrophic consequences. One of the first indications of a problem is usually late payments on proc fees or more likely commission payments from insurers. Historically, networks suffering financial hardships have invariably come forward with a string of... Read More
Hands up everyone who thinks that all banks and building societies have wrongly been portrayed in the popular media, are actually just massively misunderstood and are really not for profit institutions whose only aims are to help the public save money and provide a valuable income stream for mortgage brokers and IFA’s. Nobody, well I think you’re all just... Read More
So first of all, let me apologise for the delay in publishing this quarters figures, nevertheless they may be late but they’re here now. As you can see, the table shows a modest growth of 38 (0.71%) in the basket of networks used for the compilation. As always, I should point out that the information for Jul/Aug/Sept as presented in... Read More
As a small or medium sized mortgage broker or financial adviser the quote “nothing is nothing” which has been variously attributed to Beckett, Molloy and Shakespeare is far more than just another insignificant saying. The phrase has been used more recently in advertising by an Japanese electronics company and a motor manufacturer, but actually is far more important in... Read More
Often when we think of businesses giving to charity we think of big business, like Jeff Bezos the founder of Amazon who gave away $2 billion last year or Microsoft and the Bill Gates Foundation giving a paltry $150 million. But the fact is that supporting local charities and worthy causes can also be a good thing for small... Read More
With lenders sometimes seeming to strike brokers from their panels for very little reason and no effective means of appeal for the unfortunate advisers it’s getting more and more important to check out any new introducers in as much depth as you can. This was brought graphically to my notice when Which Network had a call from a broker (let’s... Read More
So here we are, with half of 2019 already passed, “what happened there!!!” Anyhow if you can bear with me for the customary and possibly obvious warning. Although the information used for the table and this accompanying analysis were laser accurate at the time of compilation, retrospective changes may give rise to slight changes in individual entries. This doesn’t... Read More
So it’s the first quarter of 2019, a brand new year and a brand new quarter with limitless possibilities for everyone and the chance to make a real difference to your life and the life of everyone around you……………….As my brother’s life coach would say. Back here on earth however the first thing that springs at you from the figures is the small but... Read More
Your Business is Either Expanding or Contracting, It’s Never Stable! Read More
So that’s 2018 over now and what an interesting but scary year it was! My next article will cover the network recruitment results for the whole year, but first we have recruitment performance for the last quarter of the year, a period which included one of the most lacklustre budgets since………….Well, since the last budget. It appears that the... Read More
